Egypt drumming up more international pressure on Ethiopia? Irrigation and Water Resources Minister Ahmed Abdel Ati is in Paris this week to participate in a climate change conference at which he intends to bring up Egypt’s case with the Grand Ethiopian Renaissance Dam (GERD) in an appeal to international audiences, Al Borsa says. Discussions over the GERD had reached a stalemate when both Ethiopia and Sudan refused to acknowledge the results of environmental impact reports proving the dam would have severely cut into Egypt’s Nile water supply.

We’re still waiting for news from the new capital of a contract that should see China Fortune Land Development Company (CFLD) develop 14k feddans in phase one. CFLD is eyeing USD 4 bn of work over the next five years — a figure it sees rising to USD 13.5 bn after ten years.

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